Which of the Following Audit Procedures Would an Auditor Be

question 36

Multiple Choice

Which of the following audit procedures would an auditor be least likely to perform using a generalized audit software?

• A)Searching records of accounts receivable balances for credit balances.
• B)Investigating inventory for possible damaged goods.
• C)Selecting accounts receivable for positive and negative confirmations.
• D)Listing of unusually large inventory balances.

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Definitions:

Cultural Norms

Established standards of behavior or beliefs that are accepted and expected within a specific culture or society.

Culture

A complex collection of values, beliefs, behaviours, and material objects shared by a group and passed on from one generation to the next.

Conflict Theorist

An advocate or practitioner of conflict theory, focusing on the study of power differences, inequality, and social change through conflict.

Aboriginal Residential Schools

Institutions that were part of a policy to assimilate Indigenous children into European-Canadian culture, often involving forceful removal from their families and suppression of Indigenous cultures.